Precise Mortgages reduces rates and widens residential range

By Bridging Loan Directory 10th January 2024

Precise Mortgages, part of the OSB Group, has announced reduced rates and new products across their residential mortgage range to help brokers support customers with greater choice and flexibility around affordability challenges.

The refreshed residential range now includes 80% LTV rate products as well as limited edition 65% LTV products, with rates starting from 5.44%.

Adrian Moloney, Group Intermediary Director, OSB Group, said:

“As we start 2024, we are delighted to be lowering rates and widening our product offering for residential mortgages.

Although there hasn’t been a more challenging time for house purchasing, the recent increase in housing activity, coupled with mortgage rates easing, has led housing experts to agree that it could be a buyer’s market.

These rate reductions demonstrate our ability and appetite to support brokers and their customers as we step into a new year.

In addition to these updates, Precise Mortgages also offers products with a range of options such as: £0 product fee, refund on valuation (worth a maximum of £630) and £300 cashback.”